Persulfates are inorganic compounds that are highly soluble in water. Persulfates are prepared by the electrolysis of their corresponding sulfates at low temperature and high current density. Decomposition is promoted by water and heat. Dissolving a persulfate in water yields an acidic solution due to oxidation of water. Persulfates are strong oxidants with a moderate shelf-life when they are stored properly and they are also very economical to use. These properties make persulfates suitable for a variety of applications. The report covers the persulfate market size in terms of volume (Tons) and value (USD Million) along with its segments, namely type, application, and region.

Growth in the polymers industry and increasing consumption of persulfates in cosmetics & personal care industry are the key drivers of the persulfate market. Pulp, paper and textiles is the fastest-growing application segment for persulfates during the period of study. Ammonium persulfate accounted for the largest market share as of 2014 and are projected to retain its market position through 2020.

This study aims at estimating the global market of persulfate for 2014 and to project the expected market in terms of volume and value by 2020. This market research study provides a detailed qualitative and quantitative analysis of the global persulfate market. It provides a comprehensive review of key market drivers, restraints, opportunities, challenges, and key issues in the market. On the basis of region, the market is segmented into regions, such as Asia-Pacific, Europe, North America, and RoW, which are further segmented into key countries in each region.

The market for persulfate is projected to register a CAGR of 6.44% during the period of study to reach USD 629.0 Million by 2020. Asia-Pacific is estimated to be the growth driver between 2015 and 2020. China accounted for the largest market share and is the second fastest-growing market in Asia-Pacific after India.

Competitive scenarios of the top players in the persulfate market have been discussed in detail. Leading players of this industry are also profiled with their recent developments and other strategic industry activities which include, Mitsubishi Gas Chemical Company Incorporation (Japan), E.I. Du Pont de Nemours & Company (U.S.), Adeka Corporation (Japan), Ak-kim Kimya (Turkey), United Initiators (Germany), Proxychem (U.S.), Hebei Yatai Electrochemistry Company Limited (China), Hebei Jiheng Group Company Limited (China), VR Persulfates (India), and Fujian Zhanua Chemical Company Limited (China).

Scope of the Report:

This research report categorizes the global market for persulfate on the basis of type, application, and region along with forecast number of units sold, value, and trends in each of the markets.

On the basis of Type:

On the basis of type, the market is segmented as ammonium, sodium and potassium persulfate

On the basis of Application:

On the basis of application, the market is segmented as polymers, electronics, cosmetics & personal care, pulp, paper and textiles, water treatment and others which include groundwater treatment & soil remediation and applications in the oil and gas.

On the basis of Region

On the basis of region, the market is segmented into regions, such as Asia-Pacific, Europe, North America, and Rest of the World, which are further segmented into key countries in each region. Countries such as the U.S., Germany, France, Italy, Turkey, China, India, Japan and South Korea, are covered in the report. Rest of the world includes South America and the Middle East & Africa.

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The persulfate industry is witnessing growth on account of increasing applications and growing demand in the Asia-Pacific region. It accounts for a major market share followed by Europe, North America and the Rest of World. In terms of countries, China dominates the Asia-Pacific region primarily due to initiatives taken by the government to be a net exporter of polymer-based products. India, on the other hand, has the highest growth rate among emerging countries, and the growing disposable income of its population has enabled people to shift toward the polymer-based products.

Persulfate, due to its oxidizing properties, play an important part in various end-use markets such as electronics, polymers, water treatment, cosmetics & personal care, and pulp & paper, and their high market growth is driven by its ability to find usage in hair bleaches and lighteners. The persulfate industry is characterized by three main types: ammonium, potassium, and sodium persulfate. The drivers of the industry are the growing polymer and cosmetics & personal care industries. The factors that restrain the market are shipping issues and mature growth in the U.S. and European persulfate market. In 2014, ammonium persulfate accounted for the major market share in terms of volume with increasing demand from various end-use applications such as polymers and electronics. All the three persulfates can be a substitute for one another.

The use of persulfates in industries such as polymers, electronics, cosmetics & personal care, pulp, paper & textiles, and water treatment is expected to register higher growth rates in the Asia-Pacific region, followed by North America, during the forecast period.

Globally, Asia-Pacific accounted for the largest share in the persulfates market in 2014, followed by Europe and North America. China was the largest market globally which accounted for over 38% of the global market in terms of value in 2014 and is expected to register the second higher growth rate. The U.S., Germany, and India have also accounted for a significant share of persulfate market in 2014.

The Asia-Pacific region dominated the persulfate market, in terms of both volume and value. Increased demand for persulfates from the polymers and electronics industries in countries such as China and India is driving the growth of the market in the Asia-Pacific region. Industry players are adopting strategies such as expansions, new product developments, and joint ventures to expand their global presence.

The report includes analysis of the market on the basis of market reach of each application in each major region and country. It also covers the market trends of leading producers, key developments, and strategies implemented to sustain in this market.

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